Draft Opinions Cyprus October 2020 (virtual)


Five queries have been received for discussion at the next ICC Banking Commission meeting which will be held virtually in October 2020. TA.905 was withdrawn. 



TA.903 - presentation of an AWB on two separate sheets.


TA.904 - do previous waivers continue to apply for future presentations under documentary credits?


TA.906 - lack of clarification regarding acceptance of documents by the issuing bank. 


TA.907 - recovery of funds from a counter guarantor.


TA.908 - terms and conditions of an insurance document. 



We will provide you with more details and updates after conclusion of the meeting.


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